Amplify Your Impact:
How to Mulply the Eects of Your Inbound Markeng Program
© 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twier.com/marketo | blog.marketo.com
Whether you’re thinking of adopng inbound markeng or you’ve already begun, you’re in good
company: many marketers are beneng from the power of this tacc. Aer all, it helps you
connect with new prospects by giving them ways to nd and learn about you – without the high
cost or intrusion of more tradional, outbound markeng techniques.
But, be warned: inbound markeng alone cannot drive the maximum revenue possible; it
must be incorporated into the overall markeng mix if you want to see boom-line results.
Unfortunately, many social media gurus and some inbound markeng soluons don’t educate
marketers on how to create this mix. This paper does. In it, we cover what should be included in
your markeng mix – a well-balanced combinaon of outbound and inbound markeng – and
how to achieve this without breaking the bank. We also explore some misconcepons about
inbound markeng. And we discuss what we call the Inbound Markeng Mulplier, which will
help you dramacally improve the results of your inbound markeng programs.
Amplify Your Impact: How to Mulply the Eects of Your Inbound Markeng Program
1.
© 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twier.com/marketo | blog.marketo.com
Inbound Markeng 101
The days of relying solely on tradeshows, cold calls, and print adversements
are over. The fact is that people tune out many tradional forms of markeng.
And who can blame them? Let’s face it, we all screen telemarkeng calls,
commercials, and direct mail, to name a few. Prospecve buyers can aord to
do so because we live in a world where they can educate themselves before
engaging with sales. The Internet allows them to research their opons without
the annoyance of a hard sales pitch.
In the new world where buyers are in control of self-educang, your job as a
marketer is not to nd leads; it is to help leads nd you. Inbound markeng
is a way of reaching prospects in this new buying model. In fact, as outbound
markeng gets less eecve and more annoying, inbound markeng takes on a
bigger role in your markeng mix.
Peers
Magazines
Sales Rep
$
Online
Q&A
Trade
Shows
HELLO
Social
Networks
Business
Networks
Online
Video
Email
Marketing
@
Virtual
Events
Direct Mail
Buyer
1980s
Analyst
Peers
Magazines
Sales Rep
$
Trade
Shows
• Podcasts/Videocasts
• Presentaons
• Press Releases
• Product Data Sheets
• Reference Guides
• Resource Libraries
Get Creave About Content
We know it can be overwhelming to consistently
generate a steady stream of content. So turn to
other resources, whether inving those outside
of your organizaon – such as industry analysts
and bloggers – to contribute content, or curang
content on a theme that appeals to your target
audience. The bonus? By surrounding your own
content with that from third pares, you’re seen
as a trusted resource and your credibility rises.
• RSS/XML Feeds
• Surveys
• Radio/TV/Web TV
• Videos
• Webinars/Webcasts
• White Papers
• Widgets
• Workbook
Amplify Your Impact: How to Mulply the Eects of Your Inbound Markeng Program
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© 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twier.com/marketo | blog.marketo.com
Expanding Visibility and Reach
with SEO and Social
The concept of search engine opmizaon (SEO) will play a big part in your
Where Inbound Markeng
Goes Wrong
Acme Soware is a one-year old soware company looking to grow
faster than larger competors. Its rst few deals closed because
of investor relaonships and early press (and a great product, of
course). But it then needed to acquire more customers quickly with
lile markeng budget. It turned to inbound markeng. The company
created a blog, Twier account, Facebook page, and LinkedIn group
and started using inbound markeng soware. It also wrote two white
papers and used these as promoons in all its social channels. At rst,
it seemed like progress was being made. Website trac rose, and a few
people lled out forms on the site. Aer a few months, the blog had
almost 70 subscribers and the Twier account had aracted nearly 200
followers (though many are competors or industry analysts). Acme
connued to follow best pracces for inbound markeng, so it regularly
added to its collecon of content, and made sure the content was
educaonal. By the end of the year, growth from inbound had slowed
and Acme had only closed a couple of deals from this channel. What
went wrong?
It can be common for organizaons that implement an inbound markeng
strategy to see an early li. However, while early results are strong, the
leads can dwindle to a trickle. Even if you’re seeing a consistent, steady
stream of leads lling the funnel from inbound sources, you may be
struggling to convert those leads into sales. Why? Because there’s a
misconcepon that inbound markeng is enough, that it’s the silver bullet
to success.
Here are some reasons why inbound markeng is not a stand-alone
markeng strategy:
• Your aim is too wide. Inbound works by “carpet bombing” the
Internet with content in the hopes people will nd you. When
product or soluon. Aer all, those in the early stages of the buying cycle
are looking for educaonal (i.e., non-promoonal) informaon.
• Others may know you exist, but don’t understand what you do. Think
about all the companies whose blog posts you read or Twier accounts
you follow. Do you really know what each of them does? And, even if you
do, do you know if their product is the right t for your organizaon? If you
answered no, you’re not alone. That’s because the educaonal content that
is produced for inbound markeng oen doesn’t supply these answers.
And it’s why you oen need to pair markeng automaon with inbound
markeng (more on this in a bit).
You must share your content where your prospects spend me, taking into
consideraon industry- and locaon-focused sites and other venues, and
even less popular social media sites. The key is to understand where your
prospects spend me and then to establish a presence there. And don’t be
afraid to ask others to share your content, whether bloggers, prospects,
or partners, as they will oen have a broader reach than you do. You can
encourage pass-along by adding social-sharing buons to your content,
landing pages, and emails.
Amplify Your Impact: How to Mulply the Eects of Your Inbound Markeng Program
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© 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twier.com/marketo | blog.marketo.com
• You aren’t reaching the decision makers. We have consistently found that
leads generated through inbound markeng are oen not the nal decision
makers for B2B products. Why? It’s unlikely that CXOs are going to spend
me trolling the web for blogs or other content. It’s far more likely that
they assign this exercise to someone working for them. If you are pung
too much emphasis on these inbound leads without fully qualifying them –
and if your competors are reaching the decisions makers – your inbound
markeng eorts may be wasted.
• Somemes you can’t break through the noise. Many mes companies
reason, if there few or no people to consume your content, it’s not ecient to create it.
Instead you must focus on other outbound markeng channels.
• Inbound markeng has a diminishing return. What does this mean? Wikipedia denes
diminishing returns as a “decrease in the marginal (per-unit) output of a producon
process as the amount of a single factor of producon is increased, while the amounts
of all other factors of producon stay constant.” In the world of markeng, this means
there’s not a direct correlaon between what you put in and what you get out.
Let’s say, for example, a company publishes three blog posts per week and signs up 20
new subscribers per week. If it saw an increasing return (or prong return), you would
expect that six blogs posted per week would net 40 new subscribers, but this is not
typically the case. In other words, increased output is not directly linked to a greater
number of leads or customers or higher prot. You need to strategically determine
where to spend your me – especially if you have a limited amount of resources. This
doesn’t mean that the posts won’t have a long-lasng eect; it just means that each
addional inbound markeng eort may not yield as much return as the previous eort.
If you’ve goen this far in the paper, you might be feeling frustrated or upset. You may have
been hoping that inbound markeng was going to be the markeng soluon of your dreams.
Or you may be surprised by its inherent aws. Our intenon isn’t to disappoint you, but to
make you think about the markeng you are doing. We LOVE inbound markeng; we see
it as a key to our success. You just need to be clear: inbound markeng done in isolaon
doesn’t lead to success.
How Some Companies Make Inbound Markeng Work
Many of us can think of a company or two that is making great
strides in inbound markeng. So how do they achieve those
results? What they have that you may not:
1. A good number of sta dedicated to inbound programs. We
explained how the law of diminishing returns means that you
probably won’t double your li by producing six blog posts
instead of three. But what if you could churn out 30 blog
posts? Companies with huge inbound markeng teams can
the Inbound Markeng Mulplier:
1. An outbound markeng strategy
2. A corporate communicaons strategy
3. A nurturing or markeng automaon strategy
Before we describe how to mulply the impact of your inbound markeng
leads with these other elements, we have to agree on something: markeng
to your target market is not shameful. In fact, the denion of markeng per
Merriam-Webster is “the act or process of selling or purchasing in a market.”
And if you’re not ulmately helping your company sell its products, what
value do you oer?
Oen those that use inbound markeng are so used to creang thought
leadership for lead generaon that they view any promoonal content in a
negave light. Markeng is important, even when promoonal. Again, let’s
turn to Merriam-Webster, which says promoon means the “furtherance
of the acceptance and sale of merchandise through adversing, publicity,
or discounng.” In other words, it’s one more step in the process of
making a sale. It’s a maer of shiing your mind-set. Rather than viewing
promoons as sleazy or underhanded, think of them as providing the type of
informaon that your targeted prospects are seeking as they move further
along the path to purchase. It’s just that to do it right you should only direct
“promoonal” content to those who will be interested, not to everyone in
your database or in purchased lists.
Now let’s take a closer look at the Inbound Markeng Mulplier.
Combine Outbound and Inbound
for Greater Results
Outbound markeng is any paid markeng – both online and oine – used
to acquire new leads. It includes everything from trade shows to pay-per-
click markeng and is crical to growing inbound markeng. Why? Well,
when a new piece of content is launched, inbound markeng supports that
content, for example, by sharing it in social media channels, making it faster
Inbound markeng doesn’t replace corporate markeng, but should
work hand in hand with it. By establishing a consistent brand and set
of messages, your company becomes recognizable and trusted. And
by conjuring feelings of trust, knowledge, and quality in the minds of
prospects, you have the opportunity to stand out in the deluge of content
available online. You may not be the only one doing what you do, but
you want to be thought of as the best. Think of it like the Pepsi-or-Coke
argument. A Pepsi drinker chooses to drink Pepsi even though she is aware
of Coke. That’s because brand loyalty is powerful and long lasng. Once
you establish a strong brand image, inbound markeng can carry it far and
wide. At the same me, you’ll see a greater return on inbound markeng
because people will be more recepve to your content.
• Capture Your Target: Knowing and appealing to your target audience
is one thing, reaching them is another. Let’s say your target market
is Fortune 1000 companies. Through outbound markeng, you can
target this group exclusively by purchasing lead-generaon programs
where you only pay for leads that sasfy your criteria. This makes your
campaigns very ecient and keeps your database clear of names that
will never purchase from you. In inbound markeng you can target
specic groups in your content, but you can’t do anything to ensure that
the content reaches and is consumed by your target audience.
The Personal Touch: When you meet a prospect face-to-face, or even talk
to them on the phone, you establish a relaonship that can be far more
powerful than one developed via any email or tweet. With outbound
markeng you can build the one-on-one relaonships that are not possible
to develop with inbound markeng.
Amplify Your Impact: How to Mulply the Eects of Your Inbound Markeng Program
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© 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twier.com/marketo | blog.marketo.com
Markeng Automaon
• Creates new landing pages in minutes without IT: Markeng
automaon empowers you to create and launch relevant and
opmized landing page whenever needed – and in turn, generate
dramacally higher conversion rates.
• Shortens sales cycles: By idenfying, priorizing, and connecng with
the best leads, you can close deals faster.
• Lets sales know when their prospects are engaging online: With
insight into how much content prospects have consumed and how
much me they’ve spent on your site, your sales reps can strike while
the iron is hot.
• Automates repeve tasks: By automang tasks that can be me
consuming to handle manually – such as managing leads – you can
spend your me on more strategic iniaves.
Amplify Your Impact: How to Mulply the Eects of Your Inbound Markeng Program
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© 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twier.com/marketo | blog.marketo.com
• Delivers sophiscated reporng and analycs: As marketers are
increasingly held accountable for the impact of their acvies, they
need tools that help them assess – and increase – their eecveness
and impact on revenue.
• Wins more deals and generates higher revenue per deal: By driving
a greater number of qualied leads, streamlining the enre sales
cycle, and focusing on the most promising opportunies, markeng
automaon helps you generate beer results.
While each of these can make a big impact on your markeng, by combining
them you can dramacally improve the results of your markeng program –
and reduce costs across the sales and markeng organizaon.
Inbound Markeng: What Not to Do
Finally, you should know that not all inbound markeng is created equal.
We consistently see companies using the following bad pracces in
• Generic SEO: While search engine opmizaon can help your site and
content get found online, a generic approach can drive the wrong
trac to your site. Again, it gets back to how well you understand your
prospecve buyers and their concerns. If you simply focus on high-level
keywords in your content and pages, you’re going to aract a broad
range of people, many of whom are probably not in the market for
your oering. Many companies fall into this trap because they rely on
free SEO tools, or ones that come with their CMS or inbound markeng
soluon. By allocang a bit more of your budget to SEO and calling in
the experts, companies oen realize an exponenal ROI.
• Lack of Sales Visibility – You can generate all the great leads in the
world using inbound markeng, but it won’t amount to anything if your
sales team isn’t in sync with your inbound markeng acvies. Imagine
someone tweets that they are looking at three dierent vendors, and
then visits your site the next day and downloads a white paper. If
your sales reps can’t see both the social comments and the content
consumpon in their CRM system, you risk them delivering the wrong
message when reaching out to the prospect.
• Measuring on ‘First Touch’ Alone – Knowing the source of a lead and
aribung revenue to that lead source doesn’t actually tell you how to
opmize your campaigns. Instead, you need to know how much each
program – inbound and outbound – inuenced the purchase. Some
acvies are going to create buzz, others downloads (i.e., leads), and
others will drive purchases. If you only measure the lead source, you
won’t accurately be gauging the value of other important programs that
ulmately contribute to revenue.
So how do you move from bad to best pracces? Use a robust markeng
automaon or revenue performance management system to opmize
inbound programs that generate leads and help move leads through the
sales funnel. Not only will your company see increased revenue from
and places you can make them aware of your experse and content.
Forums and online communies: Parcipang in online discussions is
a way to nd out what issues are top of mind for prospects, while also
posioning you as a valuable resource of informaon.
White papers and eBooks: White papers are typically 4-8 pages in
length, and explore a business issue, helping readers understand
best pracces and opons. While typically longer than white papers,
eBooks also explore business issues but oen in a more conversaonal
and visually appealing manner.
Videos: Snack-sized content in a visual format helps you engage busy
prospects that may not have me to read your white paper or eBook.
Amplify Your Impact: How to Mulply the Eects of Your Inbound Markeng Program
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© 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twier.com/marketo | blog.marketo.com
Outbound Markeng:
Online Campaigns
Banner and display: An adversement appearing on a website.
Virtual events: A tradeshow, conference, or meeng online.
Webinars: A presentaon or workshop delivered over the web to educate
prospecve buyers.
Sponsored newsleer and emails: Allows you access to a target audience
that might not otherwise be reached.
Oine Campaigns
Tradeshows: In-person exhibits that oer the chance to display your
soluon and interact one-on-one with prospects.
Roadshows: A series of markeng events staged at mulple locaons to
generate interest in your company’s ideas or oerings.
Direct mail: Adversing sent to a prospect’s home through a mail service.
TV & radio adversing: Using the radio or TV to deliver a scripted
Lead scoring: A shared sales and markeng methodology for ranking leads in
order to determine their sales-readiness.
Metrics that Maer:
Closed Loop Reporng: A way to measure the impact of markeng acvies
on revenues.
Revenue Performance Management: Opmizing interacons with buyers
across the revenue cycle to accelerate predictable revenue growth.
Amplify Your Impact: How to Mulply the Eects of Your Inbound Markeng Program
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© 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twier.com/marketo | blog.marketo.com
Michael Brito
Book: Smart Business, Social Business
Blog: www.britopian.com
Twier: @Britopian
Paul Gillin
Blog: www.PaulGillin.com
Twier: @pgillin
Adam Metz
Website: www.AdamMetz.com
Blog: hp://adammetz.com/metzmash
Twier: @theMetz
Douglas Karr
Blog: www.MarkengTechBlog.com
Twier: @DouglasKarr
Ann Handley
Book: Content Rules
Website: www.MarkengProfs.com
Blog: www.mpdailyx.com
Twier: @MarkengProfs
Frank Reed
Website: www.FrankReed.com
Blog: hp://www.markengpilgrim.com
Twier: @FrankReed
Maya Grinberg
Webiste: www.Wildreapp.com
Blog: hp://blog.wildreapp.com
Twier: @Papayamaya
Kipp Bodnar
Blog: www.SocialMediaB2B.com
Twier: @kippbodnar
Dan Zarrella
Blog: www.DanZarrella.com
Twier: @DanZarrella
18 Must-Know Inbound
Markeng Experts
Need help geng started or advancing your current inbound markeng
strategy? The experts below represent the best of the best when it comes to
inbound markeng. Some have books, others consulng rms, but all have
the A+ smarts to push your inbound markeng to the next level.
Amplify Your Impact: How to Mulply the Eects of Your Inbound Markeng Program
16.
© 2012 Marketo, Inc | US +1.877.260.MKTO (6586) | www.marketo.com | www.twier.com/marketo | blog.marketo.com
Tap into the Power of
Inbound Markeng
Companies seeking to take advantage of all ways of reaching and
connecng with prospecve buyers need to include inbound
markeng in the mix. But the key is just that – to incorporate inbound
markeng into a larger group of markeng taccs that amplify the
impact of inbound markeng acvies. By building a markeng
IBM-020712